Treasury Minister announces £100m additional funding

Mon, 23 Mar 2020

The Treasury Minister has announced an additional £100m of funding to cover wage support, VAT deferral and series of other measure to help people during the Coronavirus pandemic.

Alf Cannan confirmed a wage support package will be introduced and provide up to £280 a week.

He also announced a loan guarantee scheme, businesses will be able to defer VAT payments until June with no penalties and a new welfare benefit for up to £200 a week from month.

Mr Cannan explains the wage support package:

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